On February 25, COSCO SHIPPING (Tianjin) Co., Ltd. was officially founded. Mr. Sun Wenkui, Vice Mayor of Tianjin Municipality, Capt. Xu Lirong, Chairman of COSCO SHIPPING, Mr. Sun Jiakang, Executive Vice President of COSCO SHIPPING, and Mr.

A Chinese deep-sea exploration vessel returned to port on Tuesday after completing the first joint scientific expedition with Pakistan. Haiyang Dizhi-10 (Ocean Geology No.10) returned to south Chinas Guangzhou Port after its first-ever deep

On the afternoon of February 26, a delegation led by Mr. Knut rbeck-Nilssen, Maritime CEO of DNV GL, visited COSCO SHIPPING headquarters. Mr. Ding Nong, Executive Vice President of COSCO SHIPPING met with the delegation, and the two sides e

Chinas iron ore futures settled lower on Tuesday. The most active contract for May 2019 delivery finished the day session down 3.18 percent to 593.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investor

OPEC and its allies will stick with their agreement to cut oil supply, pushing for more adherence despite a demand by U.S. President Donald Trump that the producer group ease its efforts to boost crude prices, a Gulf OPEC source said on Tue

Today we bring you our bi-weekly Brazil iron ore shipments and VLOC/Valemax arrivals monitor. Charts below show following three things: 1. Brazils weekly iron ore shipments by vessel class beginning 2019 (left chart) 2. VLOCs and Valemax wi

The 0.50 percent limit for sulphur content in ships fuel oil will take effect on 1 January 2020 and will have a significant beneficial impact on human health and the environment. The Sub-Committee on Pollution Prevention and Response (PPR 6

Implementation of the IMOs 0.50% sulphur limit for fuel oil is presenting one of the most significant challenges to all stakeholders in the marine fuel oil market from producer to user. The transition period has started; decisions must be m

On 25 February 2019，China Merchants Port Holdings Company Limited (CMPort or the Company), held an Extraordinary General Meeting of the shareholders (EGM) in Hong Kong, for the purpose of voting on the resolutions in relation to the vario

1.China and Saudi Arabia ink co-operation on shipping sector.Chinese President Xi Jinping met with Mohammed bin Salman Al Saud, Saudi Arabias crown prince, at the Great Hall of the People in Beijing last Friday.The two countries should spee

The conditions of an agreement that give three Chinese companies 75% outtake rights to a $43 billion Alaska liquefied natural gas project are still being determined, project insiders said. The project would include an 800-mile pipe to trans

Chinas coal consumption is set to rise slighly to 3.89 billion tonnes in 2019 from 3.87 billion tonnes last year, the president of the China National Coal Association said on February 25. Wang Xianzheng made the forecast at an industry even

Ship owners need more than a simple warning from regulators as new rules affecting global shipping operations come into play they need stronger support, according to Panos Kirnidis, CEO of Palau International Ship Registry (PISR). My freque

Nansha International Cruise Home Port, an international cruise home port, is expected to commence operations in Nansha of Guangzhou, the capital of Guangdong province, in November this year, according to sources with the port development co

Sailing the direct sea freight route between Taiwans Kaohsiung and Fujians Pingtan of east China, a freighter from Kaohsiung arrived at Pingtan port on its second voyage on Sunday. The goods included almost ten kinds of fresh agricultural a